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Search Results 0 to 49 of about 147 (some duplicates have been removed)
>>> this morning on "world news now" -- shut down for sandy. life in much of the northeast has ground to a halt. as we await the arrival of this super storm. >> the warnings have been dire. and now the hurricane looks like it will live up to the worst predictions with 50 million people in its path. it is monday, october 29th. >> announcer: from abc news, this is "world news now." >>> it feels strange to say good morning. it's more like an ominous morning for so many of us today. what a weird monday morning. we have you covered. good morning, i'm rob nelson. >> i'm paula faris. as hurricane sandy will be slamming into the east coast, but its impact is going to be felt across the country. as everything from air travel to the federal government to the stock market is shut down. in the calm before the storm. an eerie silence in times square with mass transit across new york city halted. ahead of the hurricane. not just mass transit, bus, light rail, amtrak on the east coast, airlines, the city is for all intents and purposes shut down. >> nothing, nothing going on. the scope of the
of entertainment studios. caught lightning in a bottle. >> awe of course the big news, hurricane sandy is on a dangerous collision course with the east coast expected to cause havoc for millions of folks who will face property damage as well as some times pretty lengthy power outages as well. >> new jersey and seven other states and the district of columbia, are all under states of emergency. it is the jersey shore expected to bear the brunt of hurricane sandy which is on track to make landfall a little bit later today or early tuesday. >> the list of canceled flights, well as the you can imagine that list keeps growing. more than 7,000,000 scrubbed so far and the ripple effect of the airline shutdowns will be felt across the country for several days to come. now the impact is starting to spread to europe and asia as well as airlines cancel flights to new york, washington and big u.s. cities. of course, the biggest, new york. we are bracing for the worst in the big apple. sandy makes its slow approach. mass transit, comes to a grinding halt. more than 1 million school children are stay
. hurricane sandy brings the city that never sleeps to its knees, leaving millions without power. >> tom: i'm tom hudson. wall street is working on a comeback with plans to reopen stock trading tomorrow, despite heavy flooding in lower manhattan. >> susie: from crippled transportation throughout the northeast to canceled flights, the federal response and potential election impact. we'll have all that and more right here on nbr! >> tom: hurricane sandy is now super-storm sandy as it clashes with another weather system, bringing wind, rain, and snow to parts of the mid-atlantic and northeastern u.s. she has cut a path of destruction, flooding, and massive power outages as the death toll from the storm stands at 17 across seven states. even as sandy makes her way to canada, the destruction is devastating. high winds pushed the atlantic ocean up and over seawalls, flooding entire neighborhoods. the wind and water teamed up to cut power to millions of people along the eastern seaboard. the storm surge even continued today as sandy tracked through western pennsylvania and new york state. the stor
in the program. with 50 million people in her path, hurricane sandy makes her full presence felt in the northeast. the slow moving storm has wall street closed for business, cancelled thousands of flights and shut down countless businesses. sandy's reach stretches hundreds of miles. we will talk about its potential impact on everything from economic growth to energy prices. that and more tonight on "n.b.r."! as we go on the air tonight, hurricane sandy is ready to make landfall in the u.s., already it's an historic storm, with historic prparations. stock marketclosed. and coast lines evacuated with tens of millions of people sitting in the forecast path of the massive storm. sandy is a huge storm expected to come ashore in southern new jersey. but the hurricane force winds have been battering the eastern seaboard for hours. those winds extend out 175 miles from the center of the storm. those winds are pushing the atlantic ocean up and over many coast-lines. from rhode island, south to the jersey shore. coastal flooding is a significant risk thanks to the storm surge, potentially reaching 11 feet
>>> welcome to "worldwide exchange." these are your headlines from around the world. >> sandy roars ashore, the powerful storm dumps a ton of rain on theest coast, knock out power to millions, closes financial markets again an floods parts of lower manhattan. >> and bp hikes it dividend. we hear from bob dudley. >> and ubs will cut 10,000 jobs and wind down its fixed income business. >> plus the bank of japan steps in to boost the economy for a second straight month with another easing move. welcome back, everybody. one hour of the good stuff today. plenty to get through today for hurricane sandy, as well. >> europe went off daylight savings time a week ahead of the u.s. back to full schedule next week. in the meantime, sandy is no longer a hurricane by name, but still making a major impact. storm made landfall monday night along new jersey east koer. still packing hurricane force sandy is expected to weaken, but the rain could linger. already at least ten deaths have been blamed on the storm. u.s. markets will be closed for a second day today. still electronic trading. the last tim
are handling sandy. a storm of a different sort is happening in greece.. the latest on how greek residents are battling back against a tough new round of spending cuts. plus, mega millions-- how pac money is changing the tone of this year's election. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas good morning. it's tuesday, october 30th. i'm angela miles. hurricane sandy takes down the market. broll: wall street sign, empty streets around cboe for the second day in a row-- major trading exchanges including the nyse and cboe remain closed. it's the first time that's happened since 1888 when a blizzard blew through new york. the storm is bringing one benefit. in north carolina a ski resort is opening earlier than ever as sandy drops off several inches of fresh snow in the mountains and a shake up at apple. the senior vp of iphone and the head of retail are both leaving the company. with that we turn to larry shover of sfg alternatives-- it's the second day in a row that the major exchanges will be closed today. what do yo
s will be back on the job. in today's cover story, taking stock of sandy. how much will the storm cost? why traders will have a keen eye on the oil market today, while motorists will watch prices at the pump. and why warren buffett could be heading to a neighborhood near you. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday october 31st - halloween 2012. in today's first look: it's back to business for traders from wall street to lasalle street. all major exchanges are open for trading after a 2-day shutdown caused by superstorm sandy. it was critical for the markets to open today. it's the end of the month, which means money managers will be pricing portfolios. a conference call is scheduled today for european leaders to talk about the progress greece is making on austeritiy measures to get its much needed bailout. may the force be with disney. disney is buying lucasfilm for $4 billion. george lucas is the creator of "star wars." tres knippa of kanai capital management joins us this mor
we started at 4:00 on the east coast. join us tomorrow morning as sandy makes landfall. >> remember, we want you to be a part of our time. share the pictures with us. letteryoureport at foxnews.com. you report at fox news.com. send us your pictures and stay safe. ♪ ♪ "fox and friends". >> gretchen: good morning, everyone. special coverage for the hurricane, hurricane sandy, size and scope unprecedented and the hurricane wreaking havoc. good morning, it is monday and october 29th. >> steve: meanwhile, we'll take you live to delaware. waves expected to reach heights of 20 feet. >> brian: check this out. looks like snow. it is it sea foam blanketing the shore in north carolina . >> steve: pretty but deadly . we have live teem coverage on the coast. peter doocy in delaware and fox news meterologist maria molina is in the weather center. we'll start there and get the latest on sandy. >> good morning, everyone. sandy has continued to strengthen. hurricane hunters flying through the storm and found that the minimum central pressure lowered 596 milibar accident it is breaking records i
, everyone. special coverage for the hurricane, hurricane sandy, size and scope unprecedented and the hurricane wreaking havoc. good morning, it is monday and october 29th. >> steve: meanwhile, we'll take you live to delaware. waves expected to reach heights of 20 feet. >> brian: check this out. looks like snow. it is it sea foam blanketing the shore in north carolina . >> steve: pretty but deadly . we have live teem coverage on the coast. peter doocy in delaware and fox news meterologist maria molina is in the weather center. we'll start there and get the latest on sandy. >> good morning, everyone. sandy has continued to strengthen. hurricane hunters flying through the storm and found that the minimum central pressure lowered 596 milibar accident it is breaking records in the portion of the northeast as we make landfall and the winds have picked up at 85 miles per hour and more strengthening is forecast before sandy makes landfall. it could have maximum sustained winds then. and stronger gusts are always possible. it is not a hurricane, it is making a transition to a nor'east
a week away. melissa: hurricane sandy pounding the east coast. we have rubber great and jeff flock covering this. >> we have emergency officials from the fire department telling people to leave. it is in evacuation zone after all. obviously, it is closed today. sandbags outside. lots of tourist there incidentally taking pictures. getting a little more than they bargained for with their trip to new york. there are a few shops open. down here in battery park, you cannot even find a starbucks or mcdonald's that is open much less one of the local dailies. they are all closed up. it will be a large impact. i heard from the president of bliss at the spot, i am sure you know it well, melissa, it is really unfortunate that they had to close. this things always seem to happen at the end of the month. what would they rather do than go to the spa, but unfortunately, he could not get his workers in. so many of these places are closing down, including the restaurant we are standing in the backyard of, really. we did have water coming almost all the way up earlier at high tide around 9:00 a.m. t
to be a pretty bad storm. >>> while you were sleeping, hurricane sandy downgraded to tropical storm sandy. the storm is still barreling north. damage to the campaigns could be catastrophic. >> of the 50 states affecting the president, these state could swing either way. the undecided states of america in focus. >>> she's walking and talking and asking for her school books. the miraculous recovery of the girl they could not kill. >>> rise and shine, saturday, october 27th. thanks for keeping us company. >> i'm victor blackwell. good to have you with us, as well. we begin with tropical storm sandy, which is slowly making its way towards the east coast. the storm is responsible for about two dozen deaths in the caribbean and now it's near florida. while sandy has been downgraded to a tropical storm, expected to regain strength this weekend. >> damage could top $3 billion, that's billion with a "b." the exact location of sandy's impact is still not known. really encouraging residents to prepare right now. several states of emergency including new york, pennsylvania, maryland. a limited state
time. hurricane sandy is also still several hours away from make landfall, but the impact of the storm is already being felt. transportation has ground to a halt as new york and other major eastern cities have shut down mass transit, airlines canceling flights and in new york city, mayor bloomberg has ordered the evacuation of some 375,000 people from low lying areas. the new york stock exchange and nymex are in that evacuation zone and are affected today. those markets plus the nasdaq and cboe will be closed today and possibly tomorrow. cme says it may not reopen to tuesday's session. exchanges, brokers and regulators are worried about integrity of markets and cooperate ensure the safety of the employees on site. the last time the u.s. financial markets were closed for a nonholiday event was after 9/11. the last time the new york stock exchange was closed for a weather related issue was 1985 and that was due to hurricane gloria. the u.s. energy complex could take a hit from hurricane sandy. we'll have an update on that shortly. but first let's take a look at european markets. though w
mixed and virtually flat. today a nice rally underway by lots of aftermath and recovery after sandy. taking a look at these charts for you. seeing up arrows, the dow up 120 points, the s&p up nearly 1%, the tech heavy nasdaq up one and a quarter percent. you can look over a period of a month, the month of october we actually snapped a four month winning streak. october was a losing month on wall street butt kicking off november we're starting with up arrows across the board with names like home depot. everybody getting supplies to clean up after the hurricane, is a leader. lori: investors are loving the bullish economic data. better-than-expected jobs growth within u.s. companies adding more than 158,000 jobs last month. initial jobless claims dropped 363,000 last week better than expected. in the manufacturing sector we learned activity expanded at a faster pace than projected showing the industry is stabilizing..3 consumer confidence rose for the second month to a high not seen since february 2008. keep in mind report done before the hurricane. can we expect the stock market rally
evening i'm susie gharib. u.s. stocks are trading again, after hurricane sandy forces an historic two-day shutdown. >> tom: wall street gets back to business, as damage and recovery estimates start to climb, plus, what it takes to restore power to millions in the northeast. >> susie: and with stocks open for trading, no surprise, home depot was the dow's standout. >> tom: lots ahead, that and more tonight on "n.b.r."! >> susie: an historic day on here on wall street, after the storm of the century knocked down the financial district. us stock markets resumed operations today after two days in the dark, stocks were little changed: both the dow and the nasdaq fell 10 points, but the s&p 500 gained a fraction. trading here at the new york stock exchange opened without a hitch. the new york stock exchange opened right on time. and as new york's mayor bloomberg rang the opening bell this morning, traders were happy to be back to work. it looked like a normal day, with the buzz of activity, traders milling about. it was anything but normal no one knows that better than larry leibowitz, the
. hurricane sandy, there's been speculation for a week on these building companies. all of them up again today. absolutely remarkable. finally, maria, talk about great timing. guess who's going public tonight? restoration hardware. we need them. maria, it's a very, very small offering. i hear a little bit of a pop tomorrow. i'll be all over that in the morning. >> that's a great company. thanks very much, bob. appreciate it. we'll see you a little later. don't go anywhere. we're all over this big rally and much more on this busy edition of the "closing bell." stay with us. >>> coming up, markets on the move. good economic numbers, but will it carry over if the october jobs report brings bad news? we break it all down straight ahead. >>> plus, brewing profits. maria talks exclusively with starbucks ceo howard schultz about earnings and the effect sandy may have had on his company's supply chain. >>> and insuring stability. aig chief robert benmosche joins maria with his thoughts on earnings, sandy's aftermath, and the treasury department's reported plans to liquidate its remaining shares of his
and watch sandy, watch us. >> gretchen: log on for our after the show show. be safe, everyone. have a great day. sandy strengthens and targets a paralyzed east coast right now. you have new york city basically shut down. coastal areas in new jersey, maryland, virginia, preparing for the worst. this is a massive, massive storm. and it could truly affect people from maine all the way down to north carolina. as far west as the great lakes. that is 900 miles from coast to coast. good morning everybody, i'm martha maccallum, here in "america's newsroom". bill: i'm bill hemmer. good morning of live today from cincinnati, ohio. it is the critical battleground state in the race for the white house only eight days away. sandy making her presence known on the trail. president obama canceling an hour ago a trip he planned to orlando, florida. he will monitor the storm in the white house. the romney team dropping fund-raising e-mails up and down the east coast. over the next two hours we will talk to the voters of this critical state, especially in the southwestern part of the state and talk about why
on the latest on superstorm sandy. charlie: people are dead across seven states, more than seven million without power. three public transportation and homes are flooded. we will talk to governor of pennsylvania tom corbett about the impact on his state and recovery efforts. ashley: stock market closed for a second day because of the storm. first-time weather has caused that to happen since 1880. the new york stock exchange and nasdaq announcing they will be open tomorrow for regular trading operations. more on that coming up. melissa: one week until election day how will the northeast impact boating? neil cavuto will join us later in the hour. breaking news. hurricane sandy. you want to tell us where we are going? let's go to robert gray who is standing by in new york with more on this. robert: thanks very much. fluid situation out here, but we grab colonel paul owen with the u.s. army corps of engineers. thanks for joining us on fox business. talked to was a little bit about the situation. you are surveying lower manhattan and had a look around more of the city before we grab you here. how is
. >> campaigning resumes as the northeast assesses the damage from super storm sandy. good and big earnings day for oil giants giants. shell sees a fall and exxonmobile due to report before the opening bell. >> growth recovery may be near. official october pmi bouncing back into expansion territory. >>> we're under way just one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we know this is one of the hartest hit areas. with you tell us how extensive the damage is? >> all of those popular summertime vacation communities are cut off from society. and there are stand reminders, bits o
. >>> sandy recovery operations in the area are winding down this morning thankfully a lot of people have their power back now. dominion virginia is reporting less than 10,000 customers out in the washington area. >> and bge is close to restoring power to all of the d.c. regional customers. dominion has ten customers without power, just ten -- 9news now reporter kristin fisher is at national harbor where some of those power crews are mobilizing this morning to head north and help folks who still are in the dark. good morning to you kristin. >> reporter: good morning, well, we're talking about 1500 skilled technicians from dominion virginia power. and right now they're catching up on some much-needed sleep. but in just a few short hours they're going to be rolling out of here in a caravan of about 50 trucks and their final destination, new jersey. one of the hardest hit areas from hurricane sandy. now that's where 1.7 million people are still without power. that number is down by about a million so power crews are making progress but not fast enough. yesterday governor chris christie said
are gearing up for tomorrow, the first day of fully operational markets in the aftermath of sandy. tonight the cme group will reopen its u.s. equity endex futures and options markets. tomorrow it will resume normal hours of the trading floor. joining me now in an exclusive interis the cme chairman. we appreciate you spending the time with us today. >> thanks, maria. our thoughts and prayers are with you and everyone in new york. >> thank you so much. tell us what worked last night. what with did go operational? what kind of trading are you expecti ining tonight? >> you know, everything pretty much worked. we have with invested tremendously in our back-up facilities. we were up and running with no problems whatsoever. we didn't see a tremendous amount of movement in the market, which i think is actually a good thing for what's gone on in the world right now. so we saw the s&p go from roughly 1407 to as low as 1399 and come back up as high as 1411 when we closed up this morning. we are seeing some activity. the volume i would say is just a little bit off of what it would normally be. >> so a
away. good morning, everybody. we continue to track hurricane sandy. 90-mile per hour sustained winds. the storm still a category one, but it is so much more. connell: job astarte is all over it. it is so much more. you have been on it from the beginning. >> one of the things i have been advocating over the years is the power rating. if you do not find the real high winds and one small area, like we see in some of the storms like charlie, remember charlie, it will spread out, it will be a larger area of very strong wind and you will get the same net result as it hits land. what we have been saying at whether bell is when it took the turn to the northwest, we have been on this for the last five or six days i actually believe it is a bit stronger than what the hurricane center is saying. south of montauk, there have been wind gusts of 130 miles per hour. that would be close to what that barometric pressure is. that is now down as low as we have ever seen it. this is an extremely serious situation. all of the new jersey shore will be devastated. we will have record high tides in new york
of the recovery, sandy, remain without power in the storm region. some areas likely to be without -- some of you in the ameri mta as a -- we're getting word from coned, the utility here in manhattan, tre to have electricity restored to the island of manhattan. >> not only that people are using cars more and more to get around because of the public transport limit people with generators need gas line to run them. >> wait until you hear the one on the distraught. i'm going to cancel. it just seems like a bad idea in terms of you drink a little too much. i'm not a big gasoline and fiber. >> and monster drinks are about as far as i'm willing to go on that front, as far as box drinks. >> there's an awful lot of cane in new orleans. >> jim just broke, for a minute it was exclusive. phil jones us talking about mall mali staying at ford. >> we're listening to the conference call where mallalay and -- one thing to keep in mind that's very important is that he did not want to just lead ford because this is a company that has a long and really a bad track record when it comes to ceo succession. he looks at
average. all the preparation that went into preparing a for hurricane sandy and we have home depot and lowe's sending hundreds of trucks, items people need after the hurricane. trash bags, everything from chainsaws, everything for cleanup. tons of sales for that particular item, cleaning up the eastern seaboard. connell: a lot of challenges. good to see the market up and running. the chief economist's i age as global in sight joins us. lot of people talking over the last day or two about the economic impact of what we have all been through in the northeast. what do you think it will be? >> this is a unique storm. many of them are unique but this is particularly unique because of the impact it had on new york city and the fact that it has disrupted business and will continue to disrupt it for some time given the subway system downtown essentials paralyzed and will be for some days. you have a combination of business disruption and the fact that some of the refineries have been affected on the east coast so you have the gasoline effect and price is up on gasoline and destruction and
report on jobless claims and the confidence survey were collected before hurricane sandy. meanwhile, the effects of the monster storm are paralyzing much of new jersey and new york city here's an update: fr and a ha mlion pple are still without power, and it could take another ten days before power is restored. limited flights have resumed at all of the airports in the new york area. public schools are still closed in the city, as well as many schools in new jersey. and filling up on gas is the toughest problem of all. gas stations are running dry, and others do not have electricity to pump gas. motorists lined by the hundreds in new jersey, waiting and hoping for fuel. still ahead, we have more on sandy: flood insurance, the cost of getting power turned back on, and the challenge of getting around america's busiest city. >> tom: october marked a pick-up in private hiring. that's the word from payroll processing firm adp. it says u.s. private payrolls grew by 158,000 positions in october. that higher than expected number comes as adp overhauls how it calculates the number by includi
storms sandy wreaks havoc in the u.s. and canada. >> swiss banking giant ubs announces plans to fire more than 10,000 employees and a treatment from investment banking. >> the man due to challenge angela merkel in next year's german elections denies neglecting his duties as a lawmaker by moonlighting. >> new york is closed for business in the aftermath of super storm sandy, which left at least 30 people dead. >> damages are likely to surpass those of last year's hurricane irene. sandy has move left much flooding in its wake, paralyzing new york's mass transit system and leaving millions in the dark -- sandy has left much flooding in its wake. >> here is more from america's most populous city. >> the storm has moved on, but the water remains. many of the city's road and subway tunnels are still flooded. public transport will be out of action for days to come. the effects of sandy can be seen on the streets -- residents are relieved that the worst is now behind them. >> well, last night, we could look down this street here, and we saw the river coming toward us. it actually look like someth
right now. >> the threat of hurricane sandy has the east coast and wall street on edge. welcome to str"squawk on the street." we're live this time at cnbc global headquarters. we're here because nyc and nasdaq will be completely shut down today because of sandy. no stock trading as well. originally they planned to use the electronic platform to continue nonfloor trading today but now decided to stop trading all together. the first related shutdown due to weather since hurricane gloria in 1985. trading will be suspended in 15 minutes. all other markets will remain open with scheduled break between 5:15 p.m. and 6:15 eastern time. we see red arrows in europe. we'll talk about things driving that action later on. >> we have your bases covered on hurricane sandy and what is at stake for businesses and your family. we begin with scott cohn in battery park. scott? >> reporter: good morning, melissa. this was completely dry just a couple hours ago. what you are looking at here is high tide. this isn't storm surge to speak of yet. it is high tide exacerbated by the full moon and somewhat exace
sorkin. sandy still packing a punch. more than 7 million people currently without power from north carolina through connecticut. there are more than 2 million people in new jersey alone without power today. we'll get an update on the you power situation in new jersey with the president of pse&g, they have 1.2 million customers without pow person by the way, the president is just declaring a state of emergency in new york city. this is something that will free up more federal funds for people here in long island and in new york city and we will have more on that in just a moment. also coming up in the next half hour, we have delaware governor jack markell. we'll get his assessment of the damage to his state and dennis gartman will talk energy and commodity trading. >> lots of damage to report in the new york city area, more than 50 homes were destroyed by fire last night in breezy point queens. just east of cone any islands, more than 170 firefighters were on the scene. and separately more than 200 patients were evacuated last night from new york university's medical center after po
>>> i'm becky quick along with joe kernen and andrew ross sorkin. sandy is ready to strike. we'll take you through the storm. winds are picking up, rain in a lot of areas. we'll also be talking about the decision to close the nyse and nasdaq trading. and as we brace for the storm, power companies around the region are getting ready to deal with the potential after math. we'll talk to the chief operating officer of pse&g right here in new jersey. that's coming up at 6:40 a.m. eastern time. and more than 7,000 flights have been canceled from washington to boston as those cities brace for flooding and high winds. phil lebeau will have a live report coming up at 6:30 eastern time. . as we've been talking about, the new york stock exchange and nasdaq will be completely shut down today with no stock trading at all. originally the nyse had planned to use its electronic platform, but at this point it has decided to shut trading all together. that happened after it had conversations with other u.s. stock markets and with u.s. regulators, including the sec. and this is the first weather
Search Results 0 to 49 of about 147 (some duplicates have been removed)